Executive Summary
Shanks Group plc is a waste and resource management company serving customers in the UK, Belgium and Holland. It has over 3,000 people employed on more than 100 sites. Shanks believes that the future of waste management is in the more technical solutions and therefore made the decision to sell the bulk of its landfill business in the UK in July 2004. This placed Shanks in an ideal position to further invest in its modern European operations and to concentrate on a suite of modern waste and resource management activities in the UK.
Company History
- Shanks started life in the late 1800's as a construction company based primarily in the West of Scotland.
- Waste management activities gradually increased and in 1986, the then-named Shanks & McEwan, acquired London Brick Landfill and an enormous landfill capacity in the northern Home Counties.
- The sale of the Group's remaining construction interest, to concentrate solely on waste management, followed a re-organisation of the management team in late 1993 and 1994.
- In 1998, it took its first steps into Europe with the acquisition of a significant group of waste management interests in Belgium.
- Two years later, in March 2000, Shanks arrived in the Netherlands via the purchase of the 8 principal businesses of Waste Management Nederland BV.
- Following a strategic review in 2003, Shanks decided to focus its UK operations on the emerging market for long term municipal waste contracts using new technologies, and on the recycling of non-hazardous industrial and commercial waste as landfill tax increases.
- In July 2004 the sale of Shanks Group's UK landfill and landfill gas power assets to Terra Firma - owners of Waste Recycling Group - was formally completed and in October 2005 the Group announced the sale of its UK hazardous waste operations to Veolia
- June 2006 saw the acquisition of Smink Beheer BV, an established integrated waste collection, recycling and landfill disposal business based in the Netherlands
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